Background*

Mr. Denis Kessler has been the Chairman and Chief Executive Officer at SCOR SE since November 14, 2002. Mr. Kessler serves as the Chairman and Chief Executive Officer of SCOR Holding (Switzerland) Ltd. He served as the Chairman and Chief Executive Officer of SCOR Global Life since November 4, 2002. He served as the President of SCOR Life US Reinsurance and SCOR Reinsurance Company Corporate. He has been the Chairman of SCOR VIE since June 9, 2004. Mr. Kessler serves ... as the Chairman of SCOR Life US Reinsurance, SCOR Reinsurance Company, Scor Italia Riassicurazioni S.p.a., SCOR US Corporation, Commercial Risk Partners, Commercial Risk Reinsurance Company Ltd., General Security Indemnity Company, General Security National Insurance Company, General Security Indemnity of Arizona, Investors Insurance Corporation, Investors Marketing Group Inc. and Republic Vanguard Life Insurance Company. He serves as the Chairman of SICAV ABF Moyen Terme and of SICAV Orsay 1re. He serves as the Vice-Chairman of Société d'Économie Politique. He serves as the Executive Vice Chairman of the French Business Confederation (MEDEF) and the Vice Chairman of the Comité Européen des Assurances (CEA). Mr. Kessler has been a Director of BNP Paribas Hungaria Bank Rt. and of BNP Paribas SA since May 23, 2000. He has been a Non Executive Director at Invesco Ltd. since March 2002. He has been a Director of SCOR since November 4, 2002. He serves as a Director of SCOR Life US Reinsurance. He has been a Director of SCOR VIE since June 9, 2004. He serves as an Independent Director of Dexia S.A. since 1999. He has been a Director of Bolloré Investissement SA since October 14, 1999. He has been an Independent Director of Dexia Bank Belgium N.V. since 1999. He serves as a Non-Voting Director of FDC S.A. He serves as a Director of Gimar Finance Sca. He serves as a Director of SCOR Italia Riassicurazioni S.P.A., Amvescap Plc, British legal company, SCOR Canada Reinsurance Company, Commercial Risk Re-Insurance Company and Vendome Rome Group. Mr. Kessler serves as a Member of the Supervisory Board of Cetelem and Scor Deutschland. Mr. Kessler served as a Member of the Supervisory Board of COGEDIM SAS. He serves as the Chairman of the Scientific Council of the Association de Genève. He is a Member of Comité des Entreprises d'Assurance and Global Counsellor of the Conference Board. He serves as a Director of Fonds Stratégique d'Investissement SA. He served as a Director of Dassault Aviation SA since May 22, 2003. He served as a Member of Supervisory Board of Yam Invest N.V. He served as Director of Bolloré since October 14, 1999 until 05,2013. He served as a Director of Scor Global Life. He is a noted Economist. Mr. Kessler is a Graduate from Ecole des Hautes Etudes Commerciales (Business School), France. He holds a Diploma from HEC (Paris Business School), France, and a Doctorate in Economics from the University of Paris, France. He studied Postgraduate Degrees in Political Science, Applied Economics and Philosophy.

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